PayPal Shares Slump as Revenue Growth Slows

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PayPal Shares Slump as Revenue Growth Slows
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.PayPal shares slumped as the payment giant’s revenue growth slowed significantly in the fourth quarter. By NelWang

Shares of PayPal fell more than 16% after the payments giant reported Q4 earnings that just missed analyst estimates and a slowdown in revenue growth.

PayPal reported adjusted earnings per share of $1.11 for the fourth quarter, just below the analyst consensus estimate of $1.12.

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